His announcement came in a blogpost. "Soon after the announcement of the referendum results, I was made aware of a certain preference by some Eurogroup participants, and assorted 'partners', for my ... 'absence' from its meetings; an idea that the prime minister judged to be potentially helpful to him in reaching an agreement. For this reason I am leaving the ministry of finance today."

"I consider it my duty to help [prime minister] Alexis Tsipras exploit, as he sees fit, the capital that the Greek people granted us through yesterday's referendum."